Capital management is likely to be front and centre of REIT managers’ focus this year. For instance, Digital Core REIT, which was listed in December last year at 88 US cents ($1.22), promptly rose to a high of US$1.20 in the wake of its IPO. However, its unit price is down to 85 US cents as at Jun...

As travel restrictions are lifted, analysts are becoming increasingly bullish on the outlook for hospitality trusts. DBS Group Research believes that the worst of the lockdowns are done and dusted. “The return of leisure travel has led to hoteliers’ hiking room rates. Leisure demand is poised fo...

Hospitality trusts listed on the SGX have experienced a challenging and sometimes turbulent 16 years since the IPOs of the initial trusts, Ascott Residence Trust (ART) in March 2006, and CDL Hospitality Trusts (CDLHT) in July of the same year.Nothing quite impacted the hospitality sector more than C...

Frasers Hospitality Trust (FHT) was among the better managed hospitality trusts in the sector, with strong commitment from its sponsor. Back in 2016, Frasers Property (FPL) and the TCC Group, which together held some 63% in FHT, had supported the latter during an equity fundraising.Yet, FPL is now o...

Far East Orchard, part of the Far East Organization group, and which owns 33% of Far East Hospitality Trust's manager, announced on June 14 that it has entered into a joint venture with Woh Hup Holdings and Way Assets , to acquire a plot of land at Plot 6 Silverthorne Lane, Bristol to develop a purp...

UOB Kay Hian analyst Jonathan Koh is keeping his “overweight” call on the Singapore REIT (S-REIT) sector, as he sees upside from the reopening against the perceived threat against inflationary pressures.The way he sees it, nascent signs of the easing of inflationary pressures have emerged.“US ...

Far East Hospitality (FEH) is introducing 2 Australian brands in Singapore in the coming months - Vibe Hotels and Adina - through a rebranding of existing properties.

DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong are recommending investors switch from stock leaders to laggards on the recovery theme.This is as shares in counters benefitting from the reopening theme have re-rated since the easing of measures that include lowering the DORSC...

Analysts from five brokerages have all given “buy” or “add” calls to Far East Hospitality Trust, with CGS-CIMB Research, Maybank Securities and UOB Kay Hian raising their target prices.CGS-CIMB has raised its target price from 75 cents to 78 cents, while Maybank upped has upped its target pr...

MAYBANK Securities and CGS-CIMB have raised their target prices on Far East Hospitality Trust (FEHT) after raising their distribution per stapled security (DPS) forecasts for the trust.